Notable Upgrades: Apple (AAPL), eBay Inc. (EBAY), Netflix (NFLX), Applied Optoelectronics (AAOI), bluebird bio (BLUE)
May 26, 2015 at 13:57 PM EDT
Apple Inc. (AAPL) was reiterated a ‘Outperform’ by Cowen analysts on Tuesday. The broker also raised its price target on the stock to $140 from $135 after concluding that the current iPhone cycle is stronger than previously expected. Apple Inc. shares are currently priced at 16.16x this year’s forecasted earnings, which makes them inexpensive compared […] View the full post at: Notable Upgrades: Apple (AAPL), eBay Inc. (EBAY), Netflix (NFLX), Applied Optoelectronics (AAOI), bluebird bio (BLUE) Related posts: Skype Founders Showing Interest in Buying the Service Back from Ebay eBay Looking to Sell StumbleUpon eBay Announces Two New Acquisitions, Cuts Workforce by 10%